USD/JPY loses ground for the second successive day, trading around 157.10 during the Asian hours on Wednesday. The currency pair is moving sideways within a symmetrical triangle, which indicates a consolidation phase wh…
The GBP/USD pair loses momentum to near 1.3225 during the early European trading hours on Wednesday. Surging US Treasury yields and the hawkish stance of the Federal Reserve (Fed) provide some support to the US Dollar (…
The EUR/USD pair remains under some selling pressure for the third straight day and trades around the 1.1330 region during the Asian session on Wednesday, near its lowest level since May 2025, which it touched the previ…
USD/IDR extends its losses for the second consecutive day, trading around 17,860 during Asian hours on Wednesday. The pair depreciates as the Indonesian Rupiah (IDR) gains strength, driven by improving market sentiment …
USD/CHF continues its winning streak for the sixth successive trading day, trading near its 16-month high of 0.8358 during Asian hours on Wednesday.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 101.40 in the early European trading hours on Wednesday.
Gold (XAU/USD) edges lower during the Asian session on Wednesday, reversing part of the previous day's modest recovery gains from the $4,100 neighborhood, or the lowest level since August 5, touched earlier this week. T…
The EUR/USD pair declines to around 1.3335 during the early Asian trading hours on Wednesday. The Euro (EUR) softens against the US Dollar (USD) after European Central Bank (ECB) President Christine Lagarde's dovish til…
Mediators are making a renewed push to advance an agreement between the United States (US) and Iran, the Financial Times reported on Tuesday. This move came after US President Donald Trump said he had rejected an Irania…
Gold price (XAU/USD) rebounds from an eight-week low to near $4,180 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited as oil-driven inflation reinforced e…
The Aussie Dollar tumbled over 0.40% against the US Dollar on Tuesday, even though the Reserve Bank of Australia (RBA) raised rates to 4.60%, but a mild-dovish tilt by RBA Governor Bullock cleared the path to push the p…
Finance Minister Katayama said on Tuesday that an undervalued Yen is generally a problem, and that she and US Treasury Secretary Bessent agreed on a September 25 call to strengthen their cooperation. She added that Japa…
Australia's fourth rate hike of 2026 sent the Australian Dollar lower on Tuesday, and NZD/USD closed below 0.5650 for the first time in its slide. The Reserve Bank of Australia (RBA) raised its cash rate to 4.60%, the h…
The case for another Bank of England (BoE) hike rests on energy prices, and on Thursday the government takes value-added tax (VAT) off household electricity bills. GBP/USD fell to 1.3200 on Tuesday, its lowest since lat…
The worst US consumer confidence reading since 2014 should have been enough to break the Dow Jones Industrial Average's September floor near 51,100, and the floor held for a third time. The Conference Board's index fell…
The US Dollar Index (DXY) extends gains on Tuesday, approaching its year-to-date high as expectations of further Federal Reserve (Fed) interest-rate hikes drive strong demand for the Greenback. At the time of writing, t…
The New York Fed Governor John Williams said that he “sees no need for urgency after September rate hike,” a dovish statement that pushed the US Dollar Index (DXY) modestly lower, though it remains positive in the day.
Chicago Federal Reserve (Fed) President Austan Goolsbee, a voter in the Federal Open Market Committee (FOMC) in 2027, said Tuesday that “the fact that we have been 5 ½ years above inflation target is playing with fire,”…
The US Dollar (USD) has accelerated its recovery, adding to the positive start to the week and clinching new multi-week tops, always helped by the persistent advance in US Treasury yields and unabated geopolitical conce…
St Louis Fed President Alberto Musalem crossed the wires on Tuesday, saying that central bankers needn’t make promises but should tell the public how and why the central bank makes policy decisions.
Federal Reserve (Fed) Governor Michael Barr said Tuesday that he sees “elevated wage rates in the skilled trades,” and added that the resilience of the US economy is “striking.”
Silver (XAG/USD) retreats on Tuesday and trades around $60.75 at the time of writing, down 0.38% on the day. The white metal comes under pressure from the sharp rise in US Treasury yields and a stronger US Dollar (USD),…
Federal Reserve (Fed) Governor Michael Barr said on Tuesday that “there is a need to recalibrate policy” and that the base case is that “further policy adjustments” are likely needed.
European Central Bank (ECB) José Luis Escrivá said on Tuesday that they are still in not restrictive territory, as reported by Reuters.